Data Center GPU Market to Reach USD 304.26 Billion by 2034, Says Stratview Research

The data center GPU market - encompassing high-performance graphics processing units designed specifically for data center environments to support AI, machine learning, high-performance computing (HPC), and other compute-intensive workloads - is projected to grow from approximately USD 98.90 billion in 2025 to USD 304.26 billion by 2034, reflecting a CAGR of 13.20% over the 2026-2034 forecast period. This remarkable expansion is principally driven by the surging adoption of AI and machine learning workloads across cloud service providers and enterprises, where GPUs deliver the massive parallel processing capabilities required for training and inference tasks.

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Market Statistics

• Market size (2025): USD 98.90 billion
• Forecast value (2034): USD 304.26 billion
• CAGR (2026-2034): 13.20%
• Forecast period: 2026-2034
• Base year: 2025
• Total number of segments: 5 (Deployment Type, Function Type, End-User Type, Application Type, Region)
• Tables & figures: 100+
• Country-Level Market Assessment: 20

Market Segmentation

By Deployment Type
• Cloud
• On-Premises

By Function Type
• Training
• Inference

By End-User Type
• Cloud Service Providers
• Enterprises
• Governmental Organizations

By Application Type
• Generative AI
• Machine Learning
• Natural Language Processing
• Computer Vision

By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World

Segment Analysis

In Deployment Type, the cloud segment dominates the market as it enables scalable, on-demand GPU compute resources without the need for significant upfront capital expenditure. This has accelerated adoption among enterprises seeking to support complex AI workflows, making cloud deployments an essential growth strategy for GPU vendors and service providers.

Within End-User Type, cloud service providers are poised to grow fastest due to their significant investments in GPU infrastructure to support expanding AI and data analytics workloads across global enterprise customers. This trend emphasizes partnership opportunities for OEMs and GPU manufacturers to integrate advanced chips into cloud platforms.

Regional Insights

North America is the dominant region in the data center GPU market due to its advanced digital infrastructure, early adoption of AI and HPC workloads, and significant capacity of hyperscale cloud providers. Supported by robust R&D activity and early deployment of next-generation GPU technologies, the region presents a mature and high-value environment for GPU vendors and strategic investors.
Asia-Pacific is the fastest-growing region as rapid digital transformation, expanding enterprise cloud adoption, and increasing AI-driven data center deployments drive demand for GPU compute resources. This growth trajectory offers compelling expansion opportunities for GPU manufacturers and data center infrastructure partners seeking to capitalize on regional demand acceleration.

Market Drivers

• Rising adoption of AI and machine learning workloads increases the need for GPU-accelerated compute in data centers.
• Expansion of cloud and hyperscale infrastructure supports scalable GPU deployment.
• Growing demand for high-performance computing (HPC) and data analytics workloads.
• Increasing enterprise investments in GPU-enabled applications to enhance operational efficiency.
• Expansion of generative AI and real-time inference applications boosts GPU utilization.

Top Companies in the Market

• NVIDIA Corporation
• Intel Corporation
• Advanced Micro Devices, Inc.
• Micron Technology, Inc.
• IBM
• Samsung SDS
• Qualcomm Technologies, Inc.
• Google Cloud
• Imagination Technologies
• Huawei Cloud Computing Technologies Co., Ltd.

FAQs

1. What is the expected market size of the data center GPU market by 2034?
The global data center GPU market is projected to reach USD 304.26 billion by 2034.

2. What CAGR is the data center GPU market forecast to register from 2026 to 2034?
The market is expected to grow at a CAGR of 13.20% during the forecast period.

3. Which deployment type holds the largest share in the data center GPU market?
The cloud deployment segment is the dominant deployment type.

4. Which application segment is growing fastest in the data center GPU market?
The generative AI application segment is projected as the fastest-growing.

5. Which region presents the fastest growth opportunity in the data center GPU market?
Asia-Pacific is expected to be the fastest-growing region.

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